Ethereum ETFs Spark Market Excitement and Price Surge Predictions
TL;DR Summary
ARK Invest CEO Cathie Wood stated that the sudden approval of key documents for proposed ether ETFs indicates that crypto has become a U.S. election issue. She noted that the Financial Innovation and Technology for the 21st Century Act's passage in the House and former President Trump's acceptance of crypto donations have highlighted crypto's political significance. Wood emphasized ARK's commitment to making bitcoin accessible and supporting Bitcoin developers, while expressing a strong preference for bitcoin over ether.
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